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Manugistics Rises 12.2% on Deal With Andersen Consulting

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Manugistics

(MANU)

, an Internet-business services company, was up 12.2% in early afternoon after it announced a software licensing and consulting agreement with

Andersen Consulting

to support the military's

Defense Logistics Agency

. Andersen signed the agreement with the DLA in August. Manugistics did not disclose the value of its multimillion dollar, multiyear deal.